Diamond: I don't regret taking 60 percent of revenue from artistes

Correspondent

Nation Media Group

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But Diamond doesn’t see any problem, maintaining that when he took in the artists, they had nothing on their sleeves and it was only right to have the millions he invested in them back, plus profits.

“Lets get one thing right here, music is business. Those complaining we are exploiting artists seems to forget these artists were in other different labels but were not popular. We took them in, and molded them to a point where they were now marketable and able to generate good money unlike it was before. WCB we made them rich and famous and you hear them attest. There are no richer artists in Tanzania after me other than those from WCB . I did these by investing millions of my own money in them, but now when an artist is established, he wants to run away with the whole business. I can’t allow that, I got to have my money back and profits too. When an artiste wants out, we ask for a buyout of the contract now it becomes a tussle. That's when you start to hear those exploitative comments.” Diamond says.

Diamond: I don't regret taking 60 percent of revenue from artistes

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